The global frozen food packaging market size is expected to reach US $60.58 billion in 2028 and register a compound annual growth rate of 5.5% during the forecast period, according to a new report Reports and Data. Rapid packaging sales growth in the sector can be attributed to increasing international trade of frozen food products, improved transportation facilities and logistics, and rising consumption of frozen products in emerging markets of South America and Asia Pacific.
In addition to the presence of a better and faster supply chain, innovative freezer and refrigerator displays in supermarkets and advances in freezing technologies are contributing to increasing sales of frozen food and packaging solutions that are required to prevent food spoilage.
Flexible Packaging Front
Technological advancements are prompting manufacturers of flexible packaging to enhance design and develop new and more effective film types that help in the protection, storage, and transport of various food products.
In February 2021, ProAmpac announced the launch of ProActive Recyclable R-2000F for premium frozen food products. The polyethylene-based laminated structure is designed to provide excellent performance in cold temperature conditions.
Last September SABIC, which is a global leader in the diversified chemicals field, announced the launch of a sustainable frozen food packaging solution that combines f a new Polyethylene (PE) grade with innovative film production technology.
Reports and Data reports that bags segment revenue is expected to register a rapid growth rate over the forecast period. Increasing consumption of frozen food owing to rising disposable income and changing lifestyle of consumers is driving demand for bags for frozen food.
It is anticipated that the plastics segment will account for a considerably large revenue share in the global frozen food packaging market owing to excellent barrier properties. Plastic packaging is widely utilized for packaging of frozen food products due to ability to maintain quality of the contents.
Sugar Cane-based Packaging
Meanwhile, in March 2020, Hartsville, South Carolina-headquartered Sonoco Products Company collaborated with Tellus Products to launch a sugarcane-based fiber bowl for use by producers of frozen and refrigerated prepared foods. The dual-ovenable, PFAS-free bowl is branded as Natrellis and provides an alternative to traditional rigid plastic packages.
Belle Glades, Florida-based Tellus is jointly owned by Florida Crystals Corporation, Sugar Cane Growers Cooperative of Florida and American Sugar Refining, Inc., part of ASR Group. The company upcycles leftover sugarcane fiber from the sugar milling process and converts it to packaging at a manufacturing facility adjacent to its sugar mill in Belle Glade.